By The Enforcd Team

The Bank of England Stress Tests show Misconduct has biggest negative Balance Sheet impact

The Bank of England has published the results of it’s stringent 2016 stress tests, which incorporated a synchronised UK and global recession with associated shocks to financial market prices, and an independent stress of misconduct costs. The Report made for sobering reading, and extracts on misconduct follow. “The 2016 stress test also incorporates stressed projections, …